Real Estate

Falcon Rappaport & Berkman LLP (FRB) provides a full range of transactional real estate services throughout New York State and across the country. Our attorneys assist a wide range of clients, from first-time homebuyers to family offices and businesses, addressing all aspects of their real estate needs.

FRB regularly represent clients in the following matters:

• Residential & Commercial Real Estate Closings
• Real Estate Portfolio Structuring
• Refinance Transactions
• Lease Preparation, Negotiation & Review
• 1031 Exchanges
• Commercial & Investment
• Syndications
• Litigation
• Triple Net (NNN) Leases
• Real Estate Infrastructure 

FRB’s goal is to streamline transactions for all parties involved, ensuring that each real estate matter progresses as smoothly and efficiently as possible. We handle every detail, addressing potential issues from start to finish.

1031 Exchanges

Since the 1980s, Section 1031 Exchanges have become an essential tool in the strategic planning of savvy real estate investors. The most successful real estate professionals in the country have advisors who know the technique and its possibilities inside and out. FRB is proud to have thought leaders in the Section 1031 space who can structure any solution the law allows. For private equity sponsors, we also help expand the investor base from which a fund can accept capital.

Clients consult FRB for assistance with the following Section 1031 Exchange matters: 

• “Reverse” Section 1031 Exchanges
• Drop-and-Swaps
• Exchanges into and out of Private Equity Investments
• Section 1031 Exchanges in S-Corps
• Development and “Build-to-Suit” Exchanges
• Navigating Section 1031 and FIRPTA for Foreign Investors

Triple Net (NNN) Properties

For commercial real estate investors seeking a passive income stream, triple net (NNN) properties offer a compelling option. In these leases, the tenant assumes responsibility for most property-related expenses, including taxes, insurance, utilities, and maintenance, leaving the landlord with minimal oversight. NNN leases are common in single-tenant properties, often with long-term lease terms and built-in rent increases. This structure provides landlords with predictable income while tenants benefit from lower rent costs. 

Our real estate attorneys bring extensive experience in structuring and negotiating NNN lease transactions. We provide in-depth legal counsel to ensure that the terms of these agreements are clearly defined, minimizing potential risks and maximizing long-term investment value for our clients. 

Trusted Expertise in Real Estate Transactions 

At FRB, our real estate attorneys are committed to delivering practical, efficient solutions for all types of real estate transactions. Whether you’re navigating complex lease agreements, managing a real estate portfolio, or engaging in an investment, our team is here to ensure that your interests are well-protected and that each deal is executed smoothly from start to finish. If you have real estate matters you would like to discuss, contact our real estate attorneys today.